GALA - GALA/USD - 1H - Technical analysis published on 04/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
50%
17%
33%
My opinion
Neutral between 0.039710 USD and 0.040950 USD
My targets
-
My analysis
The short-term increase on GALA - GALA/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.040950 USD. The first support is located at 0.039710 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GALA - GALA/USD rating 0.040050 USD. On the day, this instrument lost -0.03% with the lowest point at 0.039590 USD and the highest point at 0.040310 USD. The deviation from the price is +1.16% for the low point and -0.65% for the high point.0.039590
0.040310
0.040050
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of GALA - GALA/USD indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.038693 | 0.039450 | 0.039710 | 0.040050 | 0.040290 | 0.040950 | 0.042154 |
| Change (%) | -3.39% | -1.50% | -0.85% | - | +0.60% | +2.25% | +5.25% |
| Change | -0.001357 | -0.000600 | -0.000340 | - | +0.000240 | +0.000900 | +0.002104 |
| Level | Intermediate | Minor | Minor | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.037930 | 0.038500 | 0.039280 | 0.039850 | 0.040630 | 0.041200 | 0.041980 |
| Camarilla | 0.039689 | 0.039813 | 0.039936 | 0.040060 | 0.040184 | 0.040308 | 0.040431 |
| Woodie | 0.038035 | 0.038553 | 0.039385 | 0.039903 | 0.040735 | 0.041253 | 0.042085 |
| Fibonacci | 0.038500 | 0.039016 | 0.039334 | 0.039850 | 0.040366 | 0.040684 | 0.041200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.034917 | 0.036803 | 0.038207 | 0.040093 | 0.041497 | 0.043383 | 0.044787 |
| Camarilla | 0.038705 | 0.039007 | 0.039308 | 0.039610 | 0.039912 | 0.040213 | 0.040515 |
| Woodie | 0.034675 | 0.036683 | 0.037965 | 0.039973 | 0.041255 | 0.043263 | 0.044545 |
| Fibonacci | 0.036803 | 0.038060 | 0.038837 | 0.040093 | 0.041350 | 0.042127 | 0.043383 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.009963 | 0.020087 | 0.030763 | 0.040887 | 0.051563 | 0.061687 | 0.072363 |
| Camarilla | 0.035720 | 0.037627 | 0.039533 | 0.041440 | 0.043347 | 0.045253 | 0.047160 |
| Woodie | 0.010240 | 0.020225 | 0.031040 | 0.041025 | 0.051840 | 0.061825 | 0.072640 |
| Fibonacci | 0.020087 | 0.028032 | 0.032941 | 0.040887 | 0.048832 | 0.053741 | 0.061687 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.65 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -8.903820 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.039959 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.040379 | |
| Elder Ray (13): | -0.000133 | |
| Super Trend (3,10): | 0.039522 | |
| Zig ZAG (10): | 0.039860 | |
| VORTEX (21): | 1.0625 | |
| Stochastique (14,3,5): | 36.62 | |
| TEMA (21): | 0.039976 | |
| Williams %R (14): | -42.11 | |
| Chande Momentum Oscillator (20): | 0.000030 | |
| Repulse (5,40,3): | 0.2952 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0282 | |
| Courbe Coppock: | 0.53 |
| MA7: | 0.040249 | |
| MA20: | 0.040270 | |
| MA50: | 0.040814 | |
| MA100: | 0.040862 | |
| MAexp7: | 0.039903 | |
| MAexp20: | 0.039891 | |
| MAexp50: | 0.039865 | |
| MAexp100: | 0.039980 | |
| Price / MA7: | -0.49% | |
| Price / MA20: | -0.55% | |
| Price / MA50: | -1.87% | |
| Price / MA100: | -1.99% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | +0.46% | |
| Price / MAexp100: | +0.18% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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